Author: Alexandru Popescu
Exim Banca Românească will receive from the Ministry of Finance, between 2026 and 2030, sums of up to 1 billion lei to supplement the fund intended to support export credits, international transactions and Romanian investments abroad for its activity as Export Credit Agency - Export Credit Agency (ECA), according to the draft law on the establishment of economic recovery measures, published by the Ministry of Finance (MoF). „Through the legislative intervention in Article XI, it is proposed to authorize the Ministry of Finance to carry out the transfer of amounts up to 1 billion lei in the period 2026 - 2030, in order to...
The Bulgarian state, through Bulgarian Energy Holding (BEH), has entered the Han Asparuh offshore exploration consortium in the Bulgarian Black Sea area with a 10% stake, OMV Petrom announced. BEH will pay its proportionate share (10%) of the costs incurred in connection with drilling preparations and operations. In the new partnership structure, OMV Petrom remains the operator with a 45% interest, NewMed Energy holds 45% and BEH holds 10%. Exploration drilling started in December last year and is ongoing, with the drillship Noble Globetrotter I contracted to drill two exploration wells....
Energy Minister Bogdan Ivan met in Davos with Rafael Mariano Grossi, Director General of the International Atomic Energy Agency, with whom he discussed the role of nuclear energy in Romania. Today in Davos, I made sure that Romania has a say at the decision-making table. At the World Economic Forum, I discussed the role of nuclear energy in Romania with Rafael Mariano Grossi, Director General of the International Atomic Energy Agency. Nuclear energy is not a theoretical debate. It is a strategic decision directly linked to energy security, prices and the competitiveness of the economy. We have been very firm: we want to decarbonize the economy, but...
Eurowind Energy Romania announces the development of the Siminoc project, a wind-photovoltaic wind farm located in Constanta County, with an estimated investment of approximately 65 million euro. The project is supported by the Contracts for Difference (CfD) mechanism, which gives stability to the investment and supports a predictable execution. The Siminoc project has a total installed capacity of about 49.6 MW, evenly split between the wind and photovoltaic components, each of about 24.8 MW. Based on current technical modeling, annual production is estimated at around 120 GWh, equivalent to the consumption of more than 50,000 households. The implementation schedule foresees the finalization of the approval stages and the...
Enery, an independent producer of renewable energy in Central and Eastern Europe (CEE), announces the start of the Ogrezeni hybrid project in Giurgiu County, Romania. With an installed capacity of 761 MWp/ 534 MW AC and over 1 GWh of battery storage, Ogrezeni will be one of the largest hybrid projects in Europe. Once operational, the photovoltaic park will generate enough green energy to power the equivalent of about 684,000 households and avoid about 303,000 tons of CO₂ emissions per year. Work on the site is scheduled to start in the first quarter of 2026 and commissioning...
PPC Renewables Romania has increased its installed capacity to over 1.5 GW, following the addition of approximately 200 MW in 2025 and will continue with its growth strategy to reach the 2 GW threshold in renewable generation capacity by the end of 2026, mainly through wind and photovoltaic parks, together with battery energy storage systems. We are continuing our plan to expand our renewable energy portfolio with projects that can contribute to reducing Romania's generation capacity deficit and to system stability, through a predictable generation profile and the ability to store...
Primăra Tulcea has finalized the award of an important contract for the modernization of its passenger transport fleet, through the purchase of electric buses and charging stations, within the project SMIS code 130588, funded by POR/2019/3/3.2//3.2//3/ITI, writes Ziua de Constanța. The contract was awarded to the company BMC Truck & Bus SA on February 13, 2023, the total value is 38,637,225 lei. The project includes the purchase of: 20 electric buses adapted for hilly conditions, 20 slow charging stations, 5 fast charging stations. The electric buses will have a minimum carrying capacity of 20 standing passengers. Tenders that do not comply...
Volkswagen has overtaken Tesla in the number of electric car sales in Europe in 2025. The German automaker saw an increase of 56% from 2024, while Tesla's sales fell by almost 30%. After several years of Tesla topping electric car sales in Europe, here's the wheel turning in someone else's favor in 2025. According to a new report from Data Force, Volkswagen has climbed to the top spot in electric car sales in the Old Continent and has thus overtaken the American brand, Automarket writes. On...
Romania's new car market ended 2025 on a surprisingly positive note after December beat all of the previous 23 months in terms of car registrations, up 58% from December 2024, up 58%. In total, new car registrations in Romania totaled 182,518 units in 2025, an increase of +1.6% compared to 2024. Here we are talking about 155,855 passenger cars and 26,723 light commercial vehicles and minibuses + heavy commercial vehicles and buses. Electrified motorizations have become the dominant segment of the Romanian car market, writes Cursdeguvernare. The detailed analysis conducted by...
The A0 highway, which will surround the city of Bucharest and connect with the A1, A2 and A3 highways, will also be equipped with showers and charging stations for electric cars. The facilities will be built in service premises in Balotești. Lot 2 of the A0 North highway will have service areas in Balotești, equipped with showers and charging stations for electric cars and electric trucks, a first for Romania, according to ProTV. The service areas will each cover 4 hectares and will be located on both directions in Balotești, at km 24+000. In addition to...